[getrss.in: unable to retrieve full-text content]
Nokia has as sold its luxury handset brand Vertu and parted company with Jerri DeVard, its chief marketing officer, as part of sweeping management changes that include up to 10,000 job cuts worldwide. Jerri DeVard: departing chief marketing officer DeVard ...Nokia to Cut 3,700 Jobs in Finland - CRIENGLISH.com
Motorola RAZR V XT889 Goes Official at China Telecom - Softpedia
The new device is available in the country via wireless carrier China Telecom starting today, providing users with the possibility to enjoy the benefits of Android 4.0 Ice Cream Sandwich on a new, highly-appealing device.
The smartphone was made official at the 2012 Tianyi (E-Surfing) 3G Handset Trade Fair & Mobile Internet Forum, putting together Motorola’s great design and China Telecom’s 3G network in a styling device capable of catching peoples’ attention.
The new mobile phone arrives on shelves with a large 4.3-inch touchscreen display that has been wrapped in tough KEVLAR fiber and a splash-guard nano-coating.
“It’s great to be collaborating with China Telecom once again to launch these two amazing smartphones,” said Frank Meng, senior vice president and president of Greater China, Motorola Mobility.
“Motorola RAZR V XT889 is a sleek sidekick that delivers great value for money. It’s tough and smart, and has software tools that will make your life simpler from morning to night.”
Motorola RAZR V XT889 was designed to provide users with support for both their professional and personal lives.
It comes with Motorola’s exclusive Smart Actions software, which is capable of learning users’ habits and which will adjust the phone’s settings in accordance with what you are doing.
Thus, the handset should always suit user’s preferences, while being capable of delivering longer battery usage times.
When arriving at the office, Smart Actions will silence the phone. When plugging headphones, it will launch the latest playlist, all without the need to push extra buttons.
“And when Smart Actions turns off the programs your phone isn’t using, your battery life is extended so you can surf, chat, shop, and share for hours and hours on a single charge,” Motorola explains.
The phone also arrives with an 8-megapixel photo snapper on the back, with HD video recording, as well as with a front camera for making video calls.
Analysts see tough year for Nokia, slash price targets - Reuters India
REUTERS - Struggling Finnish cellphone maker Nokia faces a long and painful transition to smartphones powered by Microsoft's Windows software, warned several analysts, who cut their price targets on the stock after the company forecast a wider-than-expected quarterly loss in its phone business.
"Nokia's current profit warning worryingly reflects the company having to significantly discount its new Microsoft Lumia products in order for the eco-system to gain any traction with retailers, operators and consumers," UBS said.
At least ten brokerages, including UBS, slashed their price targets on Nokia on Friday, after the company said it plans to cut 10,000 more jobs as it burns through cash and loses market share to rivals Apple Inc, Google Inc and Samsung Electronics Co.
Nokia's plan to cut more jobs and reduce operational costs are a step in the right direction, but the moves may be too late, said Wedbush Securities analysts, who cut their price target on the U.S.-listed shares to $2.50 from $3.25.
Nokia is placing its hopes of a turnaround on a new range of smartphones called Lumia, which use largely untried Microsoft software, but Lumia sales have been slow. Nokia ditched its own Symbian operating system and switched to Microsoft last year.
"Due to our expectations for a continued sharp decline in Symbian smartphone sales...combined with a slow ramp in Windows smartphone volume...and continued mobile devices pricing pressure...2012 remains a challenging transitional year for Nokia," Canaccord Genuity analysts said.
Canaccord Genuity analysts lowered their price target on Nokia's U.S.-listed shares to $2.70 from $3.50.
Analysts at Credit Suisse downgraded the stock to "neutral" from "outperform," while those at Nordea Equity Research cut their rating to "hold" from "buy."
Natixis cut its price target on the stock to 1.5 euros from 2.6 euros while Societe Generale cut its target to 1.6 euros from 1.8 euros.
Shares of Nokia, which have fallen more than 50 percent since the start of the year, were trading up 2 percent at 1.86 euros at 0810 GMT on Friday.
(Reporting by Tenzin Pema in Bangalore; Editing by Don Sebastian)
No comments:
Post a Comment